Semiconductor Peak Out.. Don't Be Swayed by Rumors. "Next Week Samsung Electronics Earnings Will Change the Market" | CEO Lee Kwon-hee

Summary

CEO Lee Kwon-hee aggressively debunks recent Bloomberg/Meta capex cut rumors, arguing they are merely old AI chips being replaced, not a demand reduction. He expects Samsung Electronics' upcoming Q2 earnings to surprise strongly and reset market sentiment. Additionally, he highlights several Korean stocks with specific catalysts: HD Hyundai Electric's new data center contract, SK Eternix's margin improvement, O Holdings' cheap valuation, and a rebound in semiconductor equipment stocks on foreign buying.

• Dismisses Meta/Bloomberg capex cut rumor as a misinterpretation of replacing old AI hardware.
• Projects a strong Samsung Electronics Q2 earnings surprise that will act as a major market catalyst.
• Argues that fears of a Korean memory cycle peak are overblown, with premium memory demand still robust.
• Points to HD Hyundai Electric's 1.1 trillion won data center supply contract as a re-rating trigger.
• Sees SK Eternix's operating margin improving from 4% to 14% in Q3 on domestic power demand.
• Views O Holdings as undervalued with 2027 operating profit growth pushing PER to 29x.
• Notes foreign investors are buying beaten-down semiconductor equipment stocks, expecting a rebound.